Islamabad—Pakistan and Morocco ratified the
agreement for the ‘Avoidance of Double Taxation
and Prevention of Fiscal Evasion’ which was
signed between the two countries in May 2006 in
Rabat, Morocco with an aim to promote bilateral
trade and commerce.
Islamabad—Rod Morris, Vice President of
Insurance, OPIC, USA, has arrived Pakistan on a
weeklong visit to explore ways and means for
investment in Pakistan. In this regard, IGI, a
general insurance company of the country has
signed a Memorandum of Understanding (MoU) with
Overseas Private Investment Corporation (OPIC)
USA, vowing to work together to insure US
investment in Pakistan against Political Risks.
Islamabad—National Assembly was told Thursday
that recent tariff increase in electricity is
not applicable to agri sector and 5.5 million
other consumers. Minister for Water and Power,
Raja Pervez Asharf told the House that despite
increase in tariff, these two areas have already
been exempted.
Istanbul—On the occasion of the World Bank
Annual Meetings 2009 currently underway in
Istanbul, Global Finance presented banking
awards to the top global banks at a ceremony
attended by senior bank officials.
Washington—Sales of electronic
book readers are booming, companies are jostling
for a share of the fledgling market and Amazon’s
going global with the Kindle. So why is all the
buzz about Apple? Because the California company
behind the Macintosh computer, iPhone and iPod
is rumored to be coming out with a portable
tablet computer early next year that may double
as an e-reader.
